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Posted
29 minutes ago, Audi4590 said:

appudu recession enduku vachindo telusa ? urike bubble burst recession atla blanket statements kakunda koncham research chey 

houses appudu evadiki padithe vaniki credit check cheyakunda ichesaru adi kuda 9/11 tarvata depression n fear US ctzns nundi povadaniki intrest rates avi taggicharu ..... adi workout kaledu.... ippudu banks chana prepared ga unnay .... kontha mandiki matrame <5% down tho kontunnaru.... 

he made a good decision .... suppose vellipovalisi vaste ammukuntadu.... danlto em undi ...  

I don’t think NINA ( no income no assets but still loan eligible ) loans has to do anything with 9/11 . It is the effect of war between London and Newyork to emerge as World business/banking capital. Both countries trying to attract more banking investments went on to liberalize loans .. result .. loans to everyone and eventually recession 

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